Growth in a Differentiated Oligopoly with Product Innovation

Lambertini, Luca ; Cellini, Roberto (1999) Growth in a Differentiated Oligopoly with Product Innovation. Bologna: Dipartimento di Scienze economiche DSE, p. 20. DOI 10.6092/unibo/amsacta/4946. In: Quaderni - Working Paper DSE (363). ISSN 2282-6483.
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Abstract

We present a two-sector model where oligopolistic firms sell differentiated products. New products are introduced over time through formal R&D activity. Market competition takes place either a la Cournot or a la Bertrand. We show that tougher competition associated wit price-setting behavior does not entail a larger social welfare as long as it requires more effort for the production of the final goods.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Lambertini, Luca
Cellini, Roberto
Parole chiave
oligopoly, growth, product differentiation, R&D.
Settori scientifico-disciplinari
ISSN
2282-6483
DOI
Data di deposito
05 Apr 2016 09:48
Ultima modifica
05 Apr 2016 09:48
URI

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